Sentences with phrase «benefits as a medium of exchange»

«Bitcoin offers tremendous benefits as a medium of exchange for both our domestic and international customers.

Not exact matches

The AMZN Token will serve as a medium of exchange on any Amazon platform, while also unlocking additional utility (benefits) that fiat currency can not.
The Monetary Authority of Singapore (MAS) sees the difference between digital tokens, which it regards as a «cryptographically - secured representation of a token - holder's rights to receive a benefit or to perform specified functions,» and virtual currency, which the regulator describes as «one particular type of digital token, which typically functions as a medium of exchange, a unit of account or a store of value.»
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